Ovuline, a Boston, MA-based provider of in healthcare IT solutions for pregnancy, raised $1.4m in seed funding.
The round was led by Lightbank, with participation from Launch Capital, LionBird and Techstars founder and CEO David Cohen.
The company intends to use the capital to continue development of its mobile and Web-based Smart Fertility™ product and expand its presence in the pregnancy tracking space.
Launched in June 2012 by CTO Alex Baron and CEO Paris Wallace, Ovuline uses technology and machine learning to provide couples with tools to have children. The Smart Fertility™ is currently being used by beta users across the country and will be commercially available later in 2013.
Additionally, the company is currently developing a pregnancy-tracking product in partnership with fertility doctors around the United States. The Pregnancy Tracker uses wearable health tracking devices and mobile technology to monitor a woman’s key pregnancy health indicators, including weight, nutrition, activity, blood pressure, sleep and physical/emotional symptoms.
Ovuline completed Boston Techstars in November 2012.
FinSMEs
07/01/2013